Exceptional Investment Opportunity in Prime Richmond Hill Location! Seize the chance to own a premium commercial retail unit situated at the bustling intersection of Highway 7 and Bayview Avenue. This 970 sq.ft. property boasts a newly secured 5-year lease with a high-quality tenant, including a 5-year renewal option. The tenant plans significant capital improvements, enhancing the property's value and appeal. Key features include an owned parking spot, ample additional parking adjacent to the underground parking exit, and proximity to new condominium developments, attracting a growing population to the area. The unit is fully equipped for restaurant use, featuring a comprehensive security system and low maintenance requirements. Located in the vibrant Doncrest neighborhood, this property offers excellent exposure and accessibility, making it an ideal investment for discerning buyers. |
Price | $899,900 |
Taxes: | $6011.00 |
Tax Type: | Annual |
Occupancy: | Owner+T |
Address: | 360 HIGHWAY 7 N/A East , Richmond Hill, L4B 3Y7, York |
Postal Code: | L4B 3Y7 |
Province/State: | York |
Lot Size: | 15.00 x 61.00 (Feet) |
Directions/Cross Streets: | HWY 7 / BAYVIEW AVE |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 |
Category: | Retail |
Use: | Hospitality/Food Related |
Building Percentage: | F |
Total Area: | 970.00 |
Total Area Code: | Square Feet |
Retail Area: | 970 |
Retail Area Code: | Sq Ft |
Financial Statement: | F |
Chattels: | T |
Franchise: | F |
Sprinklers: | Yes |
Washrooms: | 2 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
BAY STREET GROUP INC. |
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Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | York |
Municipality: | Richmond Hill |
Neighbourhood: | Doncrest |
Lot Size: | 15.00 x 61.00(Feet) |
Tax: | $6,011 |
Baths: | 2 |
Fireplace: | N |